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February 7, 2013

Senate Finance Sets Feb. 13 Hearing on Lew Nomination for Treasury

Outgoing Treasury Secretary Geithner to write a book about U.S. response to the financial crisis

Jack Lew, right, with President Obama. (Photo: AP)

Senate Finance Committee Chairman Max Baucus, D-Mont., announced Wednesday that he will convene a hearing on Feb. 13 to consider the nomination of White House Chief of Staff Jacob “Jack”Lew to be the next Treasury Secretary.

Lew is sure to face a tough grilling from lawmakers, as President Barack Obama’s recent swath of nominations have been challenged by the courts.

Baucus, while in favor of Lew as Timothy Geithner’s replacement, said in a statement that he will question Lew about his experience, his views on fiscal policy and ideas for spurring economic growth.

“We have a tremendous amount of work to do over the next couple months to get our fiscal house in order. It is my hope that—after a thorough vetting process—Jack Lew will be quickly confirmed so he can help tackle our country’s pressing economic issues,” Baucus said.

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